Hi mattranshares & simonmag, Whichever way the Lynas Forge deal fell Nick made sure that he was not going to lose financially. He was just going to gain bigtime if he managed to transfer assets out of Lynas into Forge at the expense of Lynas shareholders. Please remember that Nick and the members of the Board of Forge resources all have 20c options that were issued to them when the company was floated. Even at a SP of 50c they can sell into the market and make a profit whereas those who have bought on market at higher prices may be staring at losses.
It is up to the retail shareholders of Forge whether they decide to hold,sell or buy more Forge shares. Those who think NC walks on water and will make them a fortune will take this opportunity to buy in I imagine. My opinion only DYOR Position indifferent
regards
jukieoz836
FRG Price at posting:
49.5¢ Sentiment: None Disclosure: Held
